General Motors is a new company. That’s right—the old, hulking (and recently bankrupt) giant of American industry has the DNA of a startup. That fact wasn’t clear to me until recently, when I sat down with Plant Manager Bill Tiger and Lead Human Resource/Labor Relations Manager John Raut at GM Baltimore Operations, located in White […]
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Columbia Sportswear (COLM) is a US-based leading manufacturer and distributor of outerwear and sportswear clothing. There is a very good chance that if you have ever engaged in either cool weather or hot weather sports, such as skiing or fishing, you have worn Columbia clothing. Columbia has been a publicly traded company since 1989 and […]
Rising costs for imports due to the cheaper yen matched a 10 percent rebound in exports from a year earlier, the Finance Ministry reported Wednesday. A weakening in the yen’s value has pushed up costs for imports of crude oil, natural gas and other commodities for this resource-scarce nation, but the deficit in May […]
A turbulent political transition: from hope … In February 2011, a youth-led movement toppled President Hosni Mubarak. A 30 year-dictatorship ended in 18 days. About 800 people died. As elsewhere is the Arab world, the popular uprising intended to subvert an élite-centric political and economic system. The military, led by commander-in-chief and defense minister Mohamed […]
MILWAUKEE–(BUSINESS WIRE)–Brady Corporation (NYSE:BRC) (“Brady”), a world leader in identification solutions, announced today that it has acquired Precision Dynamics Corporation (“PDC”) from Water Street Healthcare Partners, a strategic private equity firm focused exclusively on the health care industry, in a cash transaction for $300 million, subject to customary working capital and post-close adjustments. PDC, with […]
–Mexico’s largest retailer to entertain bids for restaurant chain –Sale would allow Walmex to focus more on core retail business –Restaurant industry booms as Mexican middle class grows (Updates throughout with market comments and context.) By Amy Guthrie and Anthony Harrup MEXICO CITY–Mexico’s biggest retailer, […]
For the last decade or so there has been a worrying trend for companies to decide to move their administrative or production facilities abroad. There was no great secret as to why they did so; economics. Or more particularly the fact that workers abroad were willing to work for less. The first to do this […]
Recommend: June 11, 2013 FOR RELEASE: Immediately CTS CORPORATION ANNOUNCES INITIAL STEPS IN BUSINESS SIMPLIFICATION AND ADDITIONAL STOCK BUYBACK AUTHORIZATION Elkhart, IN… CTS Corporation (NYSE: CTS) today announced the following: Global FootprintOptimization and Restructuring To improve capacity utilization and operating profit on a […]
Weis Markets (WMK) is a retail food store which as of the most recent quarter owned and operated 165 stores in Pennsylvania, New York, Maryland, New Jersey and West Virginia. For its latest quarter ending March 30, 2013, the company showed incremental growth, with CEO David Hepfinger calling the slight 0.8 percent growth in underlying […]
By Charles Kane Reuters Apple CEO Tim Cook (C), CFO Peter Oppenheimer (L) and Apple’s head of tax operations Philip Bullock are sworn in to testify at […]
